Third Party Officer

Description

BSM Group are representing a client seeking a Third Party Officer

Key Responsibilities

Overseeing implementation and management of the TPSP policy and program across EMEA.

Reviewing scheduled and ad hoc reporting; maintaining an awareness of risk issues affecting key third party service providers within EMEA, and ensuring appropriate escalation and follow-up takes place.

Servicing as the communications conduit between WORC, the Third-Party Risk Management (TPRM) program and business / regional Relationship / Engagement Managers.

Monitoring reporting to ensure program requirements are addressed timely and that risk acceptance is submitted, when required.

Address and escalate as necessary, issues and concerns within the region (e.g. – lack of responsiveness / follow-up from engagement / relationship managers / other TPO’s etc., in meeting program requirements)

Conducting ongoing documentation reviews to ensure data quality and integrity, timely and thorough completion of program requirements, adherence to documentation standards and effective management of third party risk.

Educating key team members (Relationship /Engagement Manager, Business Owners, Business Liaisons) in the region on the program and policy requirements and ensure all receive appropriate training.

Providing ongoing education and awareness of the TPRM program requirements across the region as required.

Together with related business owner, ensuring risk acceptance and alternative practise requests are approved at the appropriate management level and documented as per TPSP standards and procedures.

Reporting high levels of residual risk to appropriate management and reporting forums. Quantifying and qualifying risk.

Defining and implementing all pertinent LOB processes to meet the requirements of the TPSP policy, standards and procedures.

Key Requirements:

Extensive experience in financial services, which must include direct proven experience with project/process change management.

Project management experience to solve complex problems.

Experience in governance and risk management.

Proven effectiveness in development of data solutions, reporting and metric development.

Proven effectiveness in partnership across various stakeholders, including senior and executive management.

Excellent documentation and communication skills.

Effective change leader.

If you require any more information please contact Ali Nurmohamed: alinurmohamed@bsmgroup.com or 0207 653 6734